Top priority to improve Lanka’s economy
Malik calls for FTAs with India, Pakistan, China
and Singapore:
While Thailand’s exports to India are around US$
5 billion, Sri Lanka’s exports account only for around US$ 700
despite a Free Trade Agreement with India. Sri Lanka should look at
countries such as India where there is a huge population of 1.25
billion,
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EP lacks big investments - CM Naseer
The Eastern Province (EP) will be transformed
into a leading tourism destination with an airport in Batticaloa to
improve domestic transportation and boost tourism in the province,
Eastern Province Chief Minister Naseer Ahamed said on the sidelines
of the International Investment Forum to develop the Province.
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Milk imports cost US $ 400m annually:
Demand for fresh milk up 16%, supply shrinks
The annual demand for fresh milk in the country
has increased by 16 percent while the supply is growing at a snails
pace resulting in more imports of milk powder at a staggering cost
each year, statistics reveal. Sri Lanka’s annual milk requirement is
around 750 million tonnes while local production is around 300
million tonnes. Sri Lanka spends around US$ 400 million a year on
imports of milk products a year.
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Megapolis development plan launched
Megapolis and Western Region Development
Minister Patali Champika Ranawaka launched the Megapolis Development
Plan at Independence Square on Friday. President Maithripala
Sirisena and Prime Minister Ranil Wickremesinghe were also present.
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Upgrade rail transport to boost tourism - Ircon official
Sri Lanka should upgrade its rail track network
and make it an efficient mode of transport to develop the tourism
industry, Project Director, Ircon International Limited, S.L. Gupta
told the media in Colombo last week. Gupta said an efficient railway
network to the North and the East,
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